Qualcomm Q2 Earnings: Shares Jump as CEO Calls Smartphone Bottom and Data Center Push Gains Traction
Qualcomm beats expectations, shifts beyond phones as auto & AI grow, but weak smartphone demand still weighs on outlook.
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Qualcomm beats expectations, shifts beyond phones as auto & AI grow, but weak smartphone demand still weighs on outlook.
Alphabet beat expectations as revenue and profits surged, driven by fast-growing AI and cloud demand.
Meta is spending more on AI, beating revenue expectations, growing users, but faces legal risks and investor concerns over rising costs.
Microsoft beat earnings with strong cloud and AI growth, but high spending and a weak outlook disappointed investors; shares fell.
Amazon beat earnings/revenue forecasts; AWS AI demand surged. Stock rose after-hours despite weak cash flow outlook and high AI investment.
PayPal splits Venmo into own unit to boost clarity and value; restructures company, cuts complexity, shares rise on news.